Reliance Industies

Mukesh Ambani, billionaire, chairman and managing director of Reliance Industries Ltd., pauses during a panel session at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 17, 2017.

Asia’s richest man plans to invest $76 billion in green projects

17/01/2022

By Bloomberg

The conglomerate led by Mukesh Ambani, Asia’s richest man, announced plans to invest $76 billion toward clean energy projects, dwarfing an earlier commitment of $10 billion by the world’s biggest fossil-fuel billionaire.

Mukesh Ambani, chairman of Reliance Industries, in 2019.

Asia

Reliance’s $15bn Aramco deal goes awry as priorities shift

22/11/2021

By Bloomberg

Reliance Industries scrapped a plan announced more than two years ago to sell a 20% stake in its oil-to-chemicals unit to Saudi Arabian Oil Co. as the Indian company focuses on its renewable energy investments.

McDermott used its Derrick Lay Vessel 2000 to perform its first S-lay piggy-back pipelay.

E&P

McDermott wraps up project offshore India for Reliance

11/01/2021

By Mark Lammey

McDermott International said today it had wrapped up the KG-D6 R Cluster subsea field development project off the east coast of India.